Trend Index

Continued tight-ranged trend action on a level below neutral.

Continued subdued trend spirit in the space – now again not far from Oversold territory.

The trend situation is still sub-par with the level in the NW Quadrant.

The trend situation is slowly improving, albeit still on a low level.

The space is settling near Oversold territory. The base BTC has been strong lately.

The space is approaching Oversold territory.

The trend situation is slowly deteriorating.

The space is once again approaching Overbought territory, albeit on a downward slope compared to earlier in the month.

The space is now back at almost Overbought territory.  

The initial strength in 2023 has faded.